sale to Meridian Medical Management

Healthcare
sale to Meridian Medical Management

Summary

Baird served as the exclusive advisor to Origin Healthcare Solutions, LLC on this transaction.

About

Origin Healthcare Solutions, LLC (“Origin” or the “Company”), a portfolio company of Beecken Petty O’Keefe & Company (“BPOC”) and Technology Crossover Ventures (“TCV”), was recently acquired by Meridian Medical Management (“Meridian”), a portfolio company of The Gores Group (“Gores”). The terms of the transaction were not disclosed.

Origin is a provider of revenue cycle management and analytics solutions. Origin solutions integrate into any environment with a data-driven approach that is backed by service and 20+ years of specialty-specific experience. Founded in 2001, the Company has operations throughout the northeast and southeast of the United States. Origin is headquartered in Windsor, Connecticut.

Meridian is a leading provider of revenue cycle, business intelligence, EMR and system integration services for large, multi-specialty physician groups and academic practice plans. Leveraging over a decade of experience, Meridian’s team of professionals provides revenue cycle performance, business intelligence and practice growth to some of the most prestigious medical groups in the country. Meridian is headquartered in Wilbraham, Massachusetts.

Gores is a private equity firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm’s operating experience and flexible capital base. Gores was founded in 1987 and is based in Los Angeles, California.

BPOC is a Chicago-based private equity management firm founded in 1996 to invest in middle-market buy-out transactions, recapitalizations and growth platforms in the health care industry.

TCV, founded in 1995, is a leading provider of capital to growth-stage private and public companies in the technology industry. With nearly $10 billion in capital raised, TCV has invested in more than 200 technology companies over the last 18 years. TCV is based in Palo Alto, California.

For additional information about this transaction, please contact:

Bill Suddath +1 (404) 264-2222
Chad Moore, CFA +1 (312) 609-5475
Bill Welnhofer +1 (312) 609-5476
David Silver +44 (207) 667-8216
Healthcare
sale to Meridian Medical Management
Date
December 2014
Company
Origin Healthcare Solutions, LLC
Transaction
M&A
Sectors
Healthcare
Target Location
North America
Acquiror Location
North America

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